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Roof Bulletin 082816P. O. Box 1286, 9514 Richmond Road, Warsaw, VA 22572Find us on Facebook. Midweek Services will begin on September 14th. Classes for kids and youth of all ages. Adult elective classes
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What is rcofc?
The Report of Foreign Bank and Financial Accounts (rcofc) is a form used to report foreign financial accounts to the IRS.
Who is required to file rcofc?
US persons with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file rcofc.
How to fill out rcofc?
rcofc can be filled out online through the FinCEN's BSA E-Filing System.
What is the purpose of rcofc?
The purpose of rcofc is to combat tax evasion and money laundering by providing information about foreign financial accounts.
What information must be reported on rcofc?
rcofc requires the reporting of the name and address of the foreign financial institution, the account number, and the maximum value of the account during the reporting period.
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